The autumn of 2020 is not exactly what we were expecting at the beginning of the year, but there are a couple of good news to report: firstly, demand for property is still high and we have active registered buyers looking for homes of all shapes and sizes. Secondly, the 0% LBTT rate for property of up to £250,000 is applicable until 31 March 2021, so there is an opportunity for significant savings in tax. Continue reading Prepare your home for a swift autumn sale
First time buyer homes in locations like Clydebank, Dumbarton, Alexandria, Balloch or surrounding areas offer fantastic value for money. With property prices steadily going up even pre-coronavirus, many first time buyers see their budgets stretched and popular areas of Glasgow becoming less and less affordable.
That is why West Dunbartonshire has such an appeal to first time home buyers: it offers excellent value for money and fantastic commuting links to the city, quality amenities and access to the great outdoors. Continue reading First time buyer homes currently for sale in West Dunbartonshire
The post lockdown property market has been exceptionally busy and we have experienced five months of activity in only two months of business. With the market being closed, this has created soaring property demand as soon as we were allowed to carry viewings and valuations again. Continue reading Soaring local property demand explained
It is well known fact that popular locations like Dumbarton, Balloch, Alexandria, Clydebank or Old Kilpatrick offer fantastic value for money when it comes to property. With handy transportation and easy commuting option into Glasgow or towards Loch Lomond and beyond, there is a wide range of family homes for sale available locally catering for all demographics, from young families to extended families to downsizers.
Continue reading Six beautiful family homes for sale in West Dunbartonshire
Somehow the autumn of 2020 is upon us and schools are back in West Dunbartonshire. As this brings some semblance of normality and routine into our lives, which can only be welcome news after such a long spell of homeschooling and social distancing, we wanted to bring you a local property market update. Continue reading Caledonia Property Market Update
If you are contemplating a property move, here is what to expect in this essential post lockdown property market update. Continue reading Caledonia post lockdown property market update
The law in Scotland requires everyone marketing their property to have a Home Report issued by a surveyor. Not observing this law will put you in a position of incurring a hefty fine, that is why we recommend accredited surveyors to all our clients. Continue reading Home Reports explained
The beginning of 2020 has been a blur of activity and, as the weather shows signs of improvement, we also see more and more buyers in Dumbarton and surrounding areas looking for the right home.
As an example, in the first four days of March, our Dumbarton branch sold seven properties with three Closing Dates organised for the following week.
The local ongoing demand greatly outpaces the supply of property coming to the market, which makes this an auspicious moment for sellers. So if you are thinking of making a property move, make sure you speak to our local team today to book a free, no obligation valuation.
We are the NUMBER ONE estate agents in Dumbarton in terms of available stock – according to Rightmove portal stats for the period between February 2019 to February 2020 – which shows Caledonia Dumbarton is trusted by more homeowners than any other agent locally. Our experienced team offers a premium service for competitive fees and should be your first stop when looking for local property advice.
Here are a few recent sales highlights from Dumbarton which fully display the current level of demand. Family homes in Dumbarton, Balloch and Alexandria are currently very popular, with many buyers just waiting for the right home to be listed.
This imposing bungalow went on the market earlier this years and quickly secured a buyer
Another family home that sold after coming to the market earlier this year and showing the current demand for family homes in the area.
This beautifully presented three bedroom semi detached villa located within the popular Mollanbowie Estate found a buyer quickly – with more buyers looking for similar property.
If you would like to find out more about how we market your property, read more about our services here or speak to our Dumbarton team today!
Caledonia Dumbarton
130 High Street
Dumbarton G82 1PQ
T. 01389 771777
In a highly competitive market in which the available stock is low and many estate agents are competing for that valuable instruction, it is easy to reduce everything to the level of fees and start a full out price war. Continue reading Fees is not what it’s all about. How will we market your property?
This week we’ve come across two separate statistics in the news that confirm our everyday experience on the local lettings market.
Firstly, there is the news that Scotland in general offers some of the best rental yields across the UK, with top average yields being offered in Glasgow, West Dunbartonshire and Inverclyde (source).
West Dunbartonshire offers some of the top buy to let yields across Scotland with an average of 7.2%, only surpassed by Glasgow with yields of 7.8%. Offering excellent value for money and good infrastructure, many tenants are choosing West Dunbartonshire to commute to Glasgow or beyond. Our stock to let usually gets good viewing rates and doesn’t spend long empty.
If you are thinking of investing in buy to let or are already a landlord in the area, make sure you chat to our expert team. At Caledonia Property we make sure your property not only returns the best possible yields but also that you are fully compliant to up to date letting rules and regulations.
Secondly, the number of buy to let mortgages has been increasing year on year, showing investors are still interested in property. And with the right letting professionals on your side, you will ensure to get the best possible outcome out of your investment.
Statistics for December from UK Finance, the mortgage lenders’ trade body, suggest that there were 5,700 new buy to let home purchase mortgages completed in December – that’s 3.6 per cent more than this time last year. (Source)
This shows that with the right property and the right location, long term lettings are still a very viable business. With more than 20 years of experience on the local market and over 300 properties in our portfolio at any given time, we are a good starting point for starting your property investment portfolio in West Dunbartonshire.
For your peace of mind and to avoid further complications down the road, our essential advice is to make sure your rental property is fully compliant to current rules and regulations. From collecting and keeping the safety deposit in a compliant government scheme, to fire alarms and all the host of rules around letting, we have a team of professionals ready to help guide you through the process of becoming a landlord. Further information on lettings compliance can be found here or, for more information on our letting services – rent guarantee, property inspections, deposit schemes and more, click here.